State regulators ordered a Hallandale Beach condo president to resign immediately after learning he was a convicted felon. Robert Picerno refused.

When a state investigator told Picerno to reinstate two owners improperly kicked off the De Soto Park Condominium board, he said no. When regulators demanded association records, he declined. And when they served him with a subpoena, he ignored it.

Picerno’s defiance eventually cost residents of the seven-building, 549-unit complex in the Three Islands neighborhood a total of more than $16,000 in fines.

Now state regulators are looking into owners’ allegations that Picerno misspent $177,000 in condo money while Hallandale Beach Police investigate possible embezzlement, grand theft and fraud, a detective told the newspaper. Read more: